Accurate Expected Loss (EL) requires Probability of Default (PD), Exposure at Default (EAD), and Loss Given Default (LGD) for each year of a transaction. Core loan systems are insufficient for acquiring historic data and generating loss forecasts. while resources to collect, organize, and analyze data are limited.

With PayNet Absolute Expected Loss solution, you will be able to:

Derive PD, EAD, and LGD values to determine EL

Collect and backfill data from your own loan accounting system

Warehouse needed data and access efficiently through a dynamic datamart